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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:31                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        101-920-101 Spring Branch

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences      2,526,817,344     .9595   2,633,473,001       50
  2      A  - Single-family Residences      2,526,817,344     .9787   2,581,809,895       50
  3      A  - Single-family Residences      2,523,626,918     .9479   2,662,334,548       50
  4      A  - Single-family Residences      2,525,753,868     .9708   2,601,724,215       50
  5      B  - Multi-family Residences         123,164,266     .9715     126,777,423        7
  6      B  - Multi-family Residences         121,532,951     .9903     122,723,368        6
  7      B  - Multi-family Residences         124,540,688     .9996     124,590,524        6
  8      B  - Multi-family Residences         115,466,500    1.0184     113,380,302        5
  9      F  - Commercial Real                 571,764,437     .9608     595,092,045        7
 10      F  - Commercial Real                 568,882,802    1.0010     568,314,488        7
 11      F  - Commercial Real                 574,886,209     .9720     591,446,717        7
 12      F  - Commercial Real                 565,761,031     .9656     585,916,561        6
 13      L  - Commercial Personal             270,796,657     .7929     341,526,872        8
 14      L  - Commercial Personal             271,707,664     .9924     273,788,456        7
 15      L  - Commercial Personal             274,554,559     .9256     296,623,335        7
 16      L  - Commercial Personal             264,761,240    1.0621     249,280,896        7

Random Totals:                             13,950,834,478            14,468,802,646      280
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                          17,230                    16,593
 Other Exception Values:                                0                         0
Exception Totals(3):                               17,230                    16,593
Test Values(4):                            13,950,851,708            14,468,819,239

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    723,440,962
Confidence Interval Values:
  State Lower Limit:                                   13,745,378,277  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                    13,950,851,708  (Within Confidence Interval Limits)
  State Upper Limit:                                   15,192,260,201  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                    13,114,302,572  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.